JPMorgan Chase CIB F&BM Americas Custody & Fund Services Business Manager - Vice President in New York, New York

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com at http://www.jpmorganchase.com/ .

The Corporate & Investment Bank (CIB) Finance and Business Management (F&BM) group provides financial advice to support the CIB’s business strategy and helps to ensure a sound control environment. Within F&BM, the four major areas of responsibility are: Business-aligned BMs (Business Managers), the CIB Controller, Support Staff CFO, and Planning and Analysis.

Custody and Fund Services

Custody and Fund Services, a division of J.P. Morgan Chase Bank, N.A., is a global industry leader with $24Trn in assets under custody. J.P. Morgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers. J.P. Morgan's Custody and Fund Services business is comprised of Custody, Global Fund Services and Trading Services; it leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services.

Business Overview & Role Description:

Custody & Funds Services Finance & Business Management (F&BM) is seeking a business manager at Vice President level based in New York. The role will provide support for the Americas Custody business and help to deliver key strategic initiatives within C&FS. The candidate will work closely with the business along with the functional partners across the firm which includes Product Management, Sales, Product Controllers, Planning & Analysis, as well as Product Development, Risk, BCO, Compliance, Operations, and Technology.

Key Responsibilities of the Business Management Function:

  • Business Strategy and Growth

  • Act as a trusted advisor to the Business Head

  • Partnerwith the business head and management team to develop priorities toenable delivery of the overall strategy for the business

  • Partner with business head to secure resources to deliver the business strategy

  • Drive change through prioritization and alignment of resources

  • Own and ensure delivery of strategic business initiatives

  • Align front office teams and support groups to business priorities

  • Ensure business strategy considers market structure and regulatory changes

  • Business Performance and Planning

  • Optimizebusiness performance by driving key initiatives (New Business NBIAs,budget planning, sensitivities to commercial pricing, ROE)

  • Involvement in annual business budget process (in conjunction with Controllers and P&A)

  • Ensure optimal resource budgeting and allocations to achieve business priorities

  • Oversee investment / productivity initiatives across the end-to-end business to achieve multi-year targets

  • Developad-hoc analytics to help the business better understand and manage itscosts, risks, capital usage, pricing, growth opportunities, etc.

  • Partnerwith Product Control and P&A to provide timely, accurate, andthorough information on variances and Risks & Opportunities toBudget

  • Governance

  • Ensure the appropriate governance structure is set up to provide required oversight of the business

  • Feed into appropriate CFS governance forums

  • Management Reporting

  • Compile and lead monthly Business reviews

  • New business tracking

  • Analyze and report on client, segment, region, and product profitability

  • Generate key performance indicators

  • Track and report progress against business/sales strategy

  • Analyze and report on client, segment, region, and product profitability

  • Regulation, Risk and Controls

  • Understand the impact of new regulations on the business and how that may impact the business strategy

  • Provide financial data in support of regulatory requests

  • Provide business overviews and updates for Product meetings with Regulators

  • Ad Hoc / General Business Management Support.

  • 8+ years’ experience in wholesale /corporate / investment banking; experience with Custody and/or FundServices products a plus

  • Prior experience in a Business Management role a plus

  • Strong track record in finance and accounting

  • Excellencein execution – A “self starter” who is able to operate autonomouslywith an ability to face off to the management team, demonstrates awillingness to take initiative and work independently, a problem solver

  • Demonstrated ability to influence business leaders and partner well, particularly as part of a global business

  • Commercial acumen – Ability to understand and grow the strategic business vision; focus on improving the bottom line

  • Effectivecommunicator – Ability to create logical and conclusive presentations,distilling complex subject matter into management-ready materials

  • Soundjudgment, professional maturity and personal integrity, strong workethic, proactive and results-oriented outlook, possess courage to asktough questions and challenge the status quo

  • Strong attention to detail

  • Great team player

  • Able to collaborate across lines of businesses and work with central/corporate organizations, building a strong network

  • Expert Microsoft PowerPoint and Excel skills.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.